PEOPLES BANCORP OF NORTH CAROLINA INC

Regulatory Filings • Sep 10, 2008

8-K 1 body8ksept102008.htm 8-K FOR SEPT 10, 2008 body8ksept102008.htm Licensed to: Peoples Bank Document Created using EDGARizer 4.0.6.1 Copyright 1995 - 2008 EDGARfilings, Ltd., an IEC company. All rights reserved

| UNITED
STATES |
| --- |
| SECURITIES
AND EXCHANGE COMMISSION |
| Washington,
D.C. 20549 |
| ______ |

| FORM
8-K | |
| --- | --- |
| CURRENT
REPORT PURSUANT TO SECTION 13 OR 15(D) | |
| OF
THE SECURITIES EXCHANGE ACT OF 1934 | |
| Date
of Report (Date of earliest event
reported): September 10,
2008 | |
| Peoples Bancorp of
North Carolina, Inc. | |
| (Exact
Name of Registrant as Specified in Its Charter) | |
| North
Carolina | |
| (State
or Other Jurisdiction of Incorporation) | |
| 000-27205 | 56-2132396 |
| (Commission
File No.) | (IRS
Employer Identification No.) |
| 518 West C Street,
Newton, North Carolina | 28658 |
| (Address
of Principal Executive Offices) | (Zip
Code) |
| (828)
464-5620 | |
| (Registrant’s
Telephone Number, Including Area Code) | |
| Check the appropriate box below
if the Form 8-K filing is intended to simultaneously satisfy the filing
obligation of the registrant under any of the following
provisions: | |
| Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425) | |
| Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12) | |
| Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b)) | |
| Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c)) | |

| Peoples
Bancorp of North Carolina, Inc. |
| --- |
| INDEX |

	Page
Item
8.01 - Other Matters	3
Signatures	4

2

Item 8.01. Other Matters

As of September 10, 2008, Peoples Bancorp of North Carolina, Inc. (the “Company”) does not own any common or preferred stock in Federal National Mortgage Association (“FNMA”) or Federal Home Loan Mortgage Corporation (“FHLMC”). The Company does not own any bonds issued by FNMA or FHLMC either. The Company does own mortgage-backed securities (“MBS”) issued by FNMA and FHLMC. These securities are collateralized by the underlying mortgage loans and the value of these MBS are not expected to be adversely impacted by the United States Treasury’s actions with regards to FNMA and FHLMC.

3

| SIGNATURES |
| --- |
| Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized. |

| PEOPLES
BANCORP OF NORTH CAROLINA, INC. — By: |
| --- |
| A.
Joseph Lampron |
| Executive
Vice President and Chief Financial
Officer |

4